CPTPP, EVFTA help Vietnam’s garment-textile lure investment

Free trade agreements, particularly the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA), are the driving force to attract big investments in Vietnam’s garment-textile industry.
The statement was made by Chairman of the Vietnam Textile and Apparel Association Vu Duc Gaing at a conference held in Ho Chi Minh City on August 2 highlighting the impacts of the CPTPP and EVFTA on the garment-textile sector. 
According to Giang, although the two agreements have yet come into force, they have created great attraction to foreign investors.

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Source From: Vietnam Plus

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